If your small or medium-sized business has the potential for growth, then funding of up to £1,000 is available for training under the Government’s newly launched Leadership and Management Advisory Service (LMAS).
How does it work?
Under the LMAS, grant funding of up to £1,000 is available for owners and senior managers of businesses and social enterprises with clear potential for fast and significant growth. The grant will pay for up to 50 per cent of the fees to a maximum of £1,000, excluding VAT. It must be used for leadership and management coaching, mentoring or training to develop the skills of the applicant so that they can grow their business by maximising the contributions of their staff.
Who is eligible?
To apply for the funding, you must be a private sector business or social enterprise with:
• Fewer than 250 employees (the definition of a medium-sized business);
• At least one full-time employee in addition to the person making the application;
• Demonstrate the potential for growth. We can advise you on what this means in relation to your company.
If your business has fewer than 50 employees (the definition of a small business), then the applicant themselves must be the managing director, owner or chief executive. Only one grant claim can be made per organisation.
Coaching, mentoring or training must have started within 90 days of the grant being approved. The grant must be claimed once the activity has either been completed or once it is in progress, if it lasts more than 90 days.
Areas that are eligible for funding include:
• Developing effective leadership and management skills;
• Involving your workforce in the planning and creative process;
• Planning and developing the organisation of your company in the most effective way;
• Encouraging and managing high performance among employees.
Lamont Pridmore can help you claim this valuable funding, as well as being able to provide the coaching, mentoring or training required in leadership and management. To find out how contact them here
The following Cookies are used on this Site. Users who allow all the Cookies will enjoy the best experience and all functionality on the Site will be available to you.
You can choose to disable any of the Cookies by un-ticking the box below but if you do so your experience with the Site is likely to be diminished.
In order to interact with this site.
To help us to measure how users interact with content and pages on the Site so we can make
things better.
To show content from Google Maps.
To show content from YouTube.
To show content from Vimeo.
To share content across multiple platforms.
To view and book events.
To show user avatars and twitter feeds.
To show content from TourMkr.
To interact with Facebook.
To show content from WalkInto.